Notice of Redemption by the Issuer. Upon receipt of the notice set forth in Section 10.02 above, the Indenture Trustee shall provide telephonic notice thereof and a copy of such notice of redemption pursuant to Section 10.01 by courier delivery or certified mail, dispatched or mailed no later than the Business Day following the date on which such notice was provided, to each Noteholder whose Notes are to be redeemed, at his telephone number and address in the Note Register. All notices of redemption shall state: (1) the Redemption Date; (2) the Redemption Price; (3) that on the Redemption Date, the Redemption Price will become due and payable upon each such Note, and that interest thereon shall cease to accrue on such date; and (4) the address at which Notes shall be delivered. Notice of redemption of Notes shall be given by the Indenture Trustee in the name and at the expense of the Issuer. Failure to give notice of redemption, or any defect therein, to any Holder of any Note shall not impair or affect the validity of the redemption of any other Note.
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Samples: Indenture (Point West Capital Corp)
Notice of Redemption by the Issuer. Upon receipt of the such notice set forth in Section 10.02 above, the Indenture Trustee shall provide telephonic notice thereof and a copy of such notice of redemption pursuant to Section 10.01 hereof by courier delivery or certified first-class mail, dispatched or postage prepaid, mailed no later than the five Business Day Days following the date on which such notice was providedreceived, to each Noteholder Holder of Notes whose Notes are to be redeemed, at his telephone number and address in the Note Register. All notices of redemption shall state:
(1) the Redemption Date;
(2) the Redemption Price;; and
(3) that on the Redemption Date, the Redemption Price will become due and payable upon each such Note, and that interest thereon shall cease to accrue on the Redemption Date if the Redemption Price is paid on such date; and
(4) the address at which Notes shall be delivered. Notice of redemption of Notes shall be given by the Indenture Trustee in the name and at the expense of the Issuer. Failure to give notice of redemption, or any defect therein, to any Holder of any Note selected for redemption shall not impair or affect the validity of the redemption of any other Note.
Appears in 1 contract
Samples: Indenture (Trendwest Resorts Inc)
Notice of Redemption by the Issuer. Upon receipt of the such notice and such deposit set forth in Section 10.02 above, the Indenture Trustee shall provide telephonic notice thereof and a copy of such notice of redemption pursuant to Section 10.01 hereof by courier delivery or certified first-class mail, dispatched or postage prepaid, mailed no later than the Business Day following the date Calculation Date on which such notice deposit was providedmade, to each Noteholder whose Holder of Notes are to be redeemed, at his telephone number and address in the Note Register. All notices of redemption shall state:
(1) the Redemption Date;
(2) the Redemption Price;; and
(3) that on the Redemption Date, the Redemption Price will become due and payable upon each such Note, and that interest thereon shall cease to accrue on such date; and
(4) the address at which Notes shall be delivered. Notice of redemption of Notes shall be given by the Indenture Trustee in the name and at the expense of the Issuer. Failure to give notice of redemption, or any defect therein, to any Holder of any Note selected for redemption shall not impair or affect the validity of the redemption of any other Note.
Appears in 1 contract
Samples: Indenture (Sunrise Resources Inc\mn)
Notice of Redemption by the Issuer. Upon receipt of the such notice and such deposit set forth in Section 10.02 above, the Indenture Trustee shall provide telephonic notice thereof and a copy of such notice of redemption pursuant to Section 10.01 hereof by courier delivery or certified first-class mail, dispatched or postage prepaid, mailed no later than the Business Day following the date Calculation Date on which such notice deposit was providedmade, to each Noteholder Holder of Notes whose Notes are to be redeemed, at his telephone number and address in the Note Register. All notices of redemption shall state:
(1) the Redemption Date;
(2) the Redemption Price;; and
(3) that on the Redemption Date, the Redemption Price will become due and payable upon each such Note, and that interest thereon shall cease to accrue on the Redemption Date if the Redemption Price is paid on such date; and
(4) the address at which Notes shall be delivered. Notice of redemption of the Notes of any Series shall be given by the Indenture Trustee in the name and at the expense of the Issuer. Failure to give notice of redemption, or any defect therein, to any Holder of any Note selected for redemption shall not impair or affect the validity of the redemption of any other Note.
Appears in 1 contract
Samples: Indenture (Trendwest Resorts Inc)
Notice of Redemption by the Issuer. Upon receipt of the such notice and such deposit set forth in Section 10.02 above, the Indenture Trustee shall provide telephonic notice thereof and a copy of such notice of redemption pursuant to Section 10.01 hereof by courier delivery or certified first-class mail, dispatched or postage prepaid, mailed no later than the Business Day following the date on which such notice deposit was provided, made to each Noteholder Holder of Notes whose Notes are to be redeemed, at his telephone number and address in the Note Register. All notices of redemption shall state:
(1) the applicable Redemption Date;
(2) the applicable Redemption Price;; and
(3) that on the such Redemption Date, the Redemption Price will become due and payable upon each such NoteNote in the related Series, and that interest thereon shall cease to accrue on such date; and
(4) the address at which Notes shall be delivered. Notice of redemption of a Series of Notes shall be given by the Indenture Trustee in the name and at the expense of the IssuerIssuer or MBIA, as applicable. Failure to give notice of redemption, or any defect therein, to any Holder of any Note selected for redemption shall not impair or affect the validity of the redemption of any other Note.
Appears in 1 contract
Samples: Indenture (Microfinancial Inc)